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Asos loses £22m of stock in warehouse blaze

The Asos distribution centre in Barnsley was damaged in a fire on Friday. Credit: PA

Online retailer Asos has confirmed it has lost 20 per cent of its stock worth £22million at the fire at its Barnsley warehouse.

In a statement Asos said: "None of the technology, automation or structure of the building has been affected by the fire.

"Our initial estimate is that approximately 20% of the total stock at the site has been compromised by fire damage and the sprinkler systems."

The company resumed taking orders at 2am this morning but the disruption has led to its shares falling by three per cent.

Asos to restart orders after distribution centre fire

Online fashion retailer Asos will restart taking orders today following a fire on Friday at its Barnsley distribution centre that caused damage to a large amount of stock.

About 70% of the company's stock was held at the Barnsley site, with the fire damaging roughly one fifth of that stock.

The Asos distribution centre in Barnsley was damaged in a fire on Friday. Credit: Rui Vieira/PA Wire/Press Association Images

The firm added that it was "fully insured for loss of stock and business interruption" arising from the incident, which the police are investigating as possibly being deliberate.

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Smoke 'pouring out' of Asos warehouse

A Barnsley resident has tweeted images of the Asos warehouse fire that has temporarily closed the internet fashion giant.

South Yorkshire Fire and Rescue said they believe the blaze was started deliberately.

The fashion store said that it "hopes to be back to normal in a day or so" following the blaze in the empty unit.

Asos warehouse fire 'could cause supply chain chaos'

The Asos warehouse near Barnsley pictured last year. Credit: PA

A fashion retail expert told ITV News that a fire at the large Asos distribution centre near Barnsley could cause "chaos" further down the supply chain.

As well as existing stock, taking their website down will mean no further sales are made.

"Not selling anything thing means there will be a backlog of items waiting to come into the warehouse," said the insider, who works for a company that supplies Asos.

"This can cause chaos with smaller suppliers who don’t necessarily have the space to hold onto orders.

"Smaller factories will be manufacturing Autumn/Winter collections now and it may be prohibitively expensive to rush certain summer collections back into production."

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